Completion of Termination Marquest Mutual Funds Inc. – Flex Dividend and Income Growth™ Series Fund
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June 28, 2023 09:02 PM Eastern Daylight Time
TORONTO–(BUSINESS WIRE)–Further to the Press Release on May 1, 2023, Marquest Asset Management Inc. (the “Manager”), the Manager of Marquest Mutual Funds Inc. (the “Corporation”), advises you of the completion of termination (the “Termination”) of Marquest Mutual funds Inc. – Flex Dividend and Income Growth™ Series Fund (the “Fund”) effective on June 26, 2023.
As of the Termination Date, the final net asset value per unit of the Fund was $1.5096 for Series A and $1.5749 for Series F (collectively “Final NAV per unit”).
If you did not redeem or switch your units by the close of business on the Termination Date, you will receive proceeds equal to your proportionate share of all property and assets of the Fund attributable to the units of the Fund that you own, which is the Final NAV per unit multiplied by the number of units held. The proceeds of the Termination will be deposited into the bank account on file in the records of the Fund or, where banking information is unavailable, a cheque will be issued.
If you have any questions regarding the termination of the Fund, please do not hesitate to contact us by email at clientservices@marquest.ca.
Sincerely,
Marquest Asset Management Inc.
as Manager on behalf of the Fund
Notice on forward-looking statements:
This Press Release includes forward-looking statements regarding the Corporation and the Fund. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “is expected”, “expects”, “scheduled”, “intends”, “contemplates”, “anticipates”, believes”, “proposes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such statements are based on the current expectations of the Manager, and are based on assumptions and subject to risks and uncertainties. Although the Manager believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Fund. Although the Manager has attempted to identify important factors that could cause actual Completion of Termination Marquest Mutual Funds Inc. – Flex Dividend and Income Growth™ Series Fund actions, events or results to differ materially from those described in forward- looking statements, there may be otherfactors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and, exceptas required by applicable securities laws, the Manager undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Contacts
Marquest Asset Management Inc.
clientservices@marquest.ca